Bloomberg Japan’s economy advanced for a fifth straight quarter, the longest expansion in a decade, supported by continued strength in exports. Domestic demand rebounded, but economists question whether this strength will continue. Gross domestic product increased by an annualized 2.2 percent in the three months ended March 31 (estimate +1.7 percent), accelerating from a revised 1.4 percent in the previous ...

Bloomberg Tencent Holdings Ltd.’s investments in blockbuster video and gaming content are paying off — big-time. China’s largest internet company posted record quarterly sales and profit that topped all analysts’ estimates as blockbuster titles including Honour of Kings drove a billion-plus users on WeChat and QQ to spend on game items. Chairman Pony Ma’s strategy of stockpiling rights to hit ...

Bloomberg Australia’s jobless rate fell in April, adding to the previous month’s strong employment gains, reinforcing expectations that the central bank won’t cut interest rates further. Employment rose 37,400 from March; economists forecast 5,000 gain Jobless rate fell to 5.7%, the lowest since January, vs 5.9% estimate. Full-time jobs fell 11,600; part-time employment rose 49,000. Participation rate held at 64.8% ...